Section 369 of the Companies Act, 2013

Section 369 of the Companies Act, 2013
(Under Part I of Chapter XXI – Companies Authorized to Register under this Act)

πŸ“œ Section 369 – Certificate of Registration of Existing Companies

Text Summary:

When an existing company registers under the Companies Act, 2013 (as per this Part), the Registrar shall issue a certificate of registration, which serves as conclusive evidence that all requirements of registration have been complied with.

βœ… Key Points:

Applicable to Existing Entities:

This section applies to companies like partnership firms, societies, or co-operative societies that are converting into companies under this Act.

Legal Effect of the Certificate:

Once issued, the certificate is proof of valid registration.

It cannot be challenged in court on the ground that registration requirements weren’t fulfilled.

Post-Registration Status:

The company becomes a body corporate as per the Companies Act, 2013.

πŸ›οΈ Purpose:

To ensure smooth transition and legal continuity for companies or associations converting to companies under the 2013 Act, giving them corporate status.

πŸ”— Connected Provisions:

Section 366 – Companies capable of being registered

Section 368 – Vesting of property on registration

Section 370 – Continuation of legal proceedings after registration

 

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